Vancouver, BC. Silver Viper Minerals Corp. (the “Company” or “Silver Viper”) (TSX-V: VIPR) is pleased to announce the signing of a non-binding Letter of Intent (“LOI”) on three mineral concessions forming the core of the La Virginia Gold-Silver Project (“La Virginia”), located in the Sierra Madre Occidental, 220 kilometres (“km”) east-northeast of Hermosillo, Sonora, Mexico.